HESM
Hess Midstream LPCompany Information
- Company Name
- Hess Midstream LP
- CIK
- CIK0001789832
- Category
- Large accelerated filer
- Ticker: Exchange
- HESM: NYSE
- Fiscal Year End
- December 31
- Owner Organization
- 01 Energy & Transportation
- SIC
- 1311
- SIC Description
- Crude Petroleum & Natural Gas
- Ticker
- HESM
SEC filing data through
Insider Sentiment
- Last purchase
- —
- Last sale
- 2025-08-12
- Shares purchased (TTM)
- 0
- Shares sold (TTM)
- 40,398,233.65
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 112,679,442
- Shares outstanding
- 128,400,000
- Ownership
- 87.76%
Earnings Market Reaction
- Filing date
- 2026-08-06
- Price on filing date
- —
- 1-month reaction
- -0.95%
- 3-month reaction
- …
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Class A | 386 | 128 | 0 | 617 | -646 | 601 | 104 | -11 | -402 | 404 | 18 | -302 | ||||||
| Common Class B | 0 | 78 | 78 | -1 | -20 | 99 | 114 | -93 | 64 | 144 | 158 | -15 | ||||||
Assets | ||||||||||||||||||
| Cash And Cash Equivalents At Carrying Value | 5 | 5 | 2 | 6 | 5 | 6 | 4 | 10 | 100 | 4 | 5 | 3 | ||||||
Accounts Receivable Net Current | ||||||||||||||||||
| Accounts Receivable Net Current | 143 | 149 | 144 | 145 | 138 | 137 | 135 | 128 | 110 | 128 | 123 | 122 | ||||||
| Prepaid Insurance | - | - | - | 8 | - | - | - | - | - | - | - | - | ||||||
| Other Assets Current | 1 | 5 | 7 | 4 | 2 | 3 | 6 | 13 | 2 | 5 | 7 | 12 | ||||||
| Assets Current | 157 | 166 | 159 | 168 | 151 | 150 | 149 | 154 | 214 | 139 | 137 | 138 | ||||||
| Equity Method Investments | 83 | 80 | 82 | 85 | 85 | 86 | 87 | 89 | 89 | 89 | 90 | 91 | ||||||
| Property Plant And Equipment Gross | 5,416 | 5,385 | - | - | - | - | - | - | - | - | - | - | ||||||
| Accumulated Depreciation Depletion And Amortization Property Plant And Equipment | -2,117 | -2,063 | - | - | - | - | - | - | - | - | - | - | ||||||
| Property Plant And Equipment Net | 3,299 | 3,322 | 3,370 | 3,376 | 3,345 | 3,324 | 3,325 | 3,292 | 3,237 | 3,215 | 3,229 | 3,208 | ||||||
| Advances To Affiliate | - | - | 0 | 0 | 0 | - | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Deferred Income Tax Assets Net | 714 | 745 | 774 | 804 | 837 | 698 | 583 | 605 | 502 | 411 | 324 | 329 | ||||||
| Other Assets Noncurrent | 4 | 5 | 4 | 5 | 5 | 6 | 6 | 7 | 8 | 8 | 9 | 9 | ||||||
| Assets | 4,257 | 4,317 | 4,388 | 4,438 | 4,423 | 4,264 | 4,151 | 4,147 | 4,050 | 3,863 | 3,790 | 3,776 | ||||||
Liabilities | ||||||||||||||||||
| Accounts Payable Trade Current | 32 | 30 | 25 | 40 | 32 | 26 | 56 | 43 | 38 | 31 | 39 | 28 | ||||||
| Accounts Payable Current | 29 | 23 | 27 | 53 | 44 | 40 | 34 | 45 | 42 | 21 | 41 | 36 | ||||||
| Accrued Liabilities Current | 98 | 89 | 89 | 90 | 102 | 92 | 94 | 104 | 88 | 86 | 106 | 89 | ||||||
| Long Term Debt Current | 38 | 35 | 33 | 30 | 28 | 25 | 23 | 20 | 18 | 15 | 13 | 10 | ||||||
| Other Liabilities Current | 8 | 5 | 14 | 11 | 7 | 4 | 14 | 10 | 7 | 4 | 12 | 11 | ||||||
| Liabilities Current | 204 | 181 | 188 | 224 | 214 | 186 | 219 | 221 | 192 | 157 | 210 | 174 | ||||||
| Long Term Debt Noncurrent | 3,643 | 3,737 | 3,740 | 3,765 | 3,687 | 3,547 | 3,449 | 3,470 | 3,443 | 3,310 | 3,199 | 3,138 | ||||||
| Deferred Income Tax Liabilities Net | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | ||||||
| Other Liabilities Noncurrent | 22 | 24 | 23 | 22 | 15 | 17 | 17 | 14 | 12 | 13 | 17 | 18 | ||||||
| Liabilities | 3,869 | 3,942 | 3,950 | 4,011 | 3,916 | 3,751 | 3,686 | 3,705 | 3,648 | 3,481 | 3,426 | 3,330 | ||||||
Partners Capital | ||||||||||||||||||
| Partners Capital | 515 | 518 | 568 | 573 | 635 | 601 | 531 | - | - | - | 340 | - | ||||||
| Partners Capital Attributable To Noncontrolling Interest | -127 | -143 | -130 | -146 | -127 | -88 | -65 | -89 | -62 | -23 | 23 | 78 | ||||||
| Partners Capital Including Portion Attributable To Noncontrolling Interest | 388 | 375 | 438 | 427 | 508 | 513 | 465 | 442 | 403 | 382 | 363 | 445 | ||||||
| Liabilities And Stockholders Equity | 4,257 | 4,317 | 4,388 | 4,438 | 4,423 | 4,264 | 4,151 | 4,147 | 4,050 | 3,863 | 3,790 | 3,776 | ||||||
| Limited Partners Capital Account Units Outstanding | - | - | 208 | - | - | - | 218 | - | - | - | 226 | - | ||||||
Select a line item above to chart it.
Recent filings
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
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Start 7-day free trialHess Midstream LP (HESM) — SEC Financial Statements & Analysis
Hess Midstream LP (HESM) is a crude petroleum & natural gas company, incorporated in DE. Hess Midstream LP trades on NYSE as: HESM. Hess Midstream LP (HESM)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-06. Based on that filing, Hess Midstream LP carries a market cap of $4.73B, a P/E ratio of 6.81x, a P/B ratio of 9.20x, a P/S ratio of 2.94x, an enterprise value of $8.41B, and an EV/EBITDA multiple of 6.86x. On profitability, it posts an operating margin of 62.26%, a net margin of 43.17%, a Return on Equity (ROE) of 120.84%, a Return on Assets (ROA) of 16.01%, and a Return on Invested Capital (ROIC) of 19.89%. Per share, it reports EPS of $5.41, diluted EPS of $5.41, free cash flow per share of $6.52, and a dividend per share of $0.00. Over the trailing year, it posted revenue growth of 2.68% year-over-year, net income growth of 356.37% year-over-year, and EPS growth of 332.91% year-over-year. On the balance sheet, it maintains a current ratio of 0.77x, a quick ratio of 0.77x, working capital of $-46.80M, a debt-to-equity ratio of 7.52x, a debt ratio of 0.91, an interest coverage ratio of 4.48x, free cash flow of $837.80M (TTM), and net debt of $3.67B. Figures sourced from SEC EDGAR.
- Market Cap
- $4.73B
- P/E TTM
- 6.81x
- EPS TTM
- $5.41
- P/B TTM
- 9.20x
- ROE TTM
- 120.84%
- ROA TTM
- 16.01%
- Debt To Equity
- 7.52x
- Free Cash Flow TTM
- $837.80M
- Net Revenue TTM Growth 1Y
- 2.68%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Hess Midstream LP in?
Hess Midstream LP (HESM) operates in the Crude Petroleum & Natural Gas industry.
What exchange does HESM trade on?
Hess Midstream LP (HESM) trades on the NYSE.
Where is Hess Midstream LP incorporated?
Hess Midstream LP is incorporated in DE.
When was Hess Midstream LP (HESM)'s most recent SEC filing?
Hess Midstream LP (HESM)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-06.
What is HESM's market cap?
Hess Midstream LP (HESM) has a market capitalization of $4.73B as of 2026-06-30.
What is HESM's P/E ratio?
Hess Midstream LP (HESM)'s trailing twelve month P/E ratio is 6.81x as of 2026-06-30.
What is HESM's EPS (earnings per share)?
Hess Midstream LP (HESM)'s trailing twelve month EPS is $5.41 as of 2026-06-30.
What is HESM's ROE (return on equity)?
Hess Midstream LP (HESM)'s trailing twelve month Return on Equity (ROE) is 120.84% as of 2026-06-30.
What is HESM's ROA (return on assets)?
Hess Midstream LP (HESM)'s trailing twelve month Return on Assets (ROA) is 16.01% as of 2026-06-30.
What is HESM's ROIC (return on invested capital)?
Hess Midstream LP (HESM)'s trailing twelve month Return on Invested Capital (ROIC) is 19.89% as of 2026-06-30.
What is HESM's EV/EBITDA?
Hess Midstream LP (HESM)'s trailing twelve month EV/EBITDA is 6.86x as of 2026-06-30.